생물촉진제 시장 예측(-2030년) : 유효 성분, 유래, 작물 유형, 형태, 용도, 지역별 세계 분석

According to Stratistics MRC, the Global Bio Stimulants Market is accounted for $3.98 billion in 2023 and is expected to reach $9.84 billion by 2030 growing at a CAGR of 13.8% during the forecast period. Biostimulants are biologically produced compounds that are given to plants or soil in order to promote nutrient uptake, abiotic and biotic stress tolerance, and pest resistance. Biostimulants, as opposed to standard crop protection chemical inputs such as insecticides and herbicides, are unique single products with many routes for encouraging crop growth. Because of widespread soil health depletion caused by the abuse of chemical inputs and fertilizers, a rising number of traditional farmers in the country are adopting these biologicals into their agricultural regimes.

According to the Agricultural and Processed Food Products Export Development Authority on India, compared to 2019, the organic land area in India has increased by approx 300% in 2022 with more than 9 million hectres under cultiavtion.

Market Dynamics:

Driver:

Rise in government support to boost market growth

India is an agricultural country, with approximately fifty percent of the population relying on agricultural pursuits for a living. Growing farmer awareness of the benefits of agrochemicals, aided by numerous government initiatives and loans, is expected to drive market performance in the future. The Indian government has pushed agricultural biological development in response to the huge commercial potential and increased public awareness about the use of synthetic chemicals in agriculture and their negative effects on health and the environment.

Restraint:

Low-quality biostimulant commercialization

The proliferation of products of poor quality is due to a lack of transparency in patent protection regulations in many countries. Despite the fact that the biostimulants industry has low entry barriers and has allowed many rivals to begin operations, the market has grown fragmented into smaller pockets of market holdings. This has been a factor in regional or local manufacturers emitting low-quality items into the market in order to capitalize on the increased demand for biostimulants. Farmers are additionally attracted to these products because of their affordable prices from small-scale domestic manufacturers.

Opportunity:

Growing demand in organic agriculture

Chemical fertilizers and other chemical additives, such as synthetic insecticides and genetically modified crops, are not utilized in organic agriculture. Organic farming using organic nutrition sources is predicted to drive the growth of the Indian biostimulants market. Plants grown on organic farms are frequently lacking in nutrients due to nutrient deficiencies or low nutrient solubility in soil solutions. Plant stimulants boost nutrient solubility in soil solutions, increase soil cation exchange capacity (particularly in sandy soils), and supply nitrogen to crops. Bioinputs are becoming increasingly popular among both producers and consumers.

Threat:

Regulatory barriers

Biostimulants are not currently governed by any global standard classification. They are not classified as a distinct category with a standardized global definition. According to EBIC, there is disagreement in Europe over whether biostimulants should be classified as plant protection or plant nutrition, resulting in a divided set of contradictory perspectives on the products. In France, they are classified as additives, whereas in Germany, they are offered as plant straighteners or growth promoters.

COVID-19 Impact:

The pandemic epidemic first slowed the market due to different socioeconomic issues. Since the outbreak, the Government of India has recognized plant stimulants as one of the vital products, along with other crops that promote and safeguard biologicals. Initially, the market supply chain flow was impeded by a lack of migrant labor, transportation, and logistical delays. Companies are expected to rigorously use digital solutions and produce unique ingredients to maintain income generation, which might serve as growth potential even after COVID-19.

The foliar treatment segment is expected to be the largest during the forecast period:

The foliar treatment application segment dominated the market throughout the projection period due to rising usage in plant foliar treatment, as the product is widely applied to the leaves to facilitate nutrient absorption. Biostimulants for plant foliar treatment are often sold in liquid form to facilitate application. Glycine betaine, IPA, and chelated nutrients are the most active compounds employed in foliar treatments. However, the treatment causes faster nutrition absorption through the leaves, increasing cellular activity and improving nutrient uptake.

The seaweed extract segment is expected to have the highest CAGR during the forecast period:

Because of its capacity to trigger and directly enhance plant growth and defense reactions, the Seaweed Extract segment is expected to increase at a rapid pace throughout the estimated period. Due to increased seaweed production, there is an increasing demand for seaweed extract biostimulants. To accommodate the demand, organizations are also making money from the advent of the latest seaweed-based sustainable plant protection solutions. For instance, the Central Salt and Marine Chemicals Research Institute exhibited its liquid seaweed plant biostimulant in November 2019 during the 14th International Crop Science Conference & Exhibition (ICSCE), India's most exclusive agri-inputs event.

Region with largest share:

Because of supportive policies to expand organic food production, which is likely to drive the industry in the region, Europe accounted for the largest share throughout the dominance period. Germany is a significant producer of protein crops like field beans and field peas. It is also Europe's largest rapeseed producer. Additionally, rapeseed production is driven by a variety of purposes, including biofuel, food, and other industrial uses. Rapeseed demand in Germany exceeds domestic supply, necessitating the use of improved fertilizers such as biostimulants to increase crop production.

Region with highest CAGR:

Asia-Pacific is projected to command lucrative growth over the extrapolated period because of the existence of developing economies that include India and China. Asia-Pacific has the highest growth potential. The implementation of strict restrictions reducing the use of artificial chemicals that degrade soil quality has also aided market expansion. However, this is due to the expanding population and strong demand for organic, fertilizer-free, and artificial chemical-free veggies.

Key players in the market

Some of the key players in Bio Stimulants market include Agrinos AS, Atlantica Agricola SA, BASF SE, Biostadt India Limited, Eastman Chemical Company, Ilsa SpA, Isagro SpA, Italpollina SpA, Koppert Biological Systems, Lallemand Inc., Micromix Plant Health Ltd, Novozymes A/S, Omex Agrifluids Ltd, Tradecorp International, UPL Limited and Valagro SpA.

Key Developments:

In May 2022, UPL made a partnership with Kimitec's MAAVi Innovation Center to deliver Biosolutions in the United States.

In October 2021, Tradecorp, a Spanish company expert in micronutrients and specialty fertilizers, launched the biostimulant Biimore, marketed as Quikon, in India. Biimore biostimulants are intended for fruit swelling and the development of horticultural and tree crops, and pre-flowering in broadacre legume crops.

In April 2021, The Government of India announced setting up a regulatory body and compliance requirements for the biostimulants market in India. The regulations require manufacturers to label their products with chemical composition, expiration dates, and mandatory pre-registration with the government.

Active Ingredients Covered:

• Microbial
• Seaweed Extract
• Acid Based
• Humic Acid
• Amino Acids
• Fulvic Acid
• Protein Hydrolysates
• Antioxidants
• Wetting Agents
• Soil Conditioners
• Enzymes
• Polysaccharides
• Trace Minerals
• Other Active Ingredients

Origins Covered:

• Biosynthetic Biostimulants
• Natural Biostimulants
• Other Origins

Crop Types Covered:

• Fruits and Vegetables
• Commercial Crops
• Pulses and Oilseeds
• Grains and Cereals
• Turfs & Ornamentals
• RoW Crops
• Forage Grasses
• Hydroponics
• Plantation Crops
• Fiber Crops
• Other Crop Types

Forms Covered:

• Dry
• Liquid Form

Applications Covered:

• Foliar Treatment
• Seed Treatment
• Soil Treatment
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Bio Stimulants Market, By Active Ingredient

• 5.1 Introduction
• 5.2 Microbial
• 5.3 Seaweed Extract
• 5.4 Acid Based
• 5.5 Humic Acid
• 5.6 Amino Acids
• 5.7 Fulvic Acid
• 5.8 Protein Hydrolysates
• 5.9 Antioxidants
• 5.10 Wetting Agents
• 5.11 Soil Conditioners
• 5.12 Enzymes
• 5.13 Polysaccharides
• 5.14 Trace Minerals
• 5.15 Other Active Ingredients

6 Global Bio Stimulants Market, By Origin

• 6.1 Introduction
• 6.2 Biosynthetic Biostimulants
• 6.3 Natural Biostimulants
• 6.4 Other Origins

7 Global Bio Stimulants Market, By Crop Type

• 7.1 Introduction
• 7.2 Fruits and Vegetables
  • 7.2.1 Fruits
    • 7.2.1.1 Citrus fruits
    • 7.2.1.2 Grapes
    • 7.2.1.3 Apple
    • 7.2.1.4 Strawberry
  • 7.2.2 Vegetables
    • 7.2.2.1 Solanaceous and Root Crops
    • 7.2.2.1.1 Onion
    • 7.2.2.1.2 Capsicum and Chilies
    • 7.2.2.1.3 Tomatoes
    • 7.2.2.1.4 Potatoes
    • 7.2.2.2 Leafy Vegetables
    • 7.2.2.2.1 Cauliflower
    • 7.2.2.2.2 Cabbage
    • 7.2.2.2.3 Spinach
    • 7.2.2.2.4 Lettuce
• 7.3 Commercial Crops
• 7.4 Pulses and Oilseeds
• 7.5 Grains and Cereals
• 7.6 Turfs & Ornamentals
• 7.7 RoW Crops
  • 7.7.1 Rapeseed/Mustard
  • 7.7.2 Soybeans
  • 7.7.3 Rice
  • 7.7.4 Wheat
  • 7.7.5 Corn
• 7.8 Forage Grasses
• 7.9 Hydroponics
• 7.10 Plantation Crops
• 7.11 Fiber Crops
• 7.12 Other Crop Types

8 Global Bio Stimulants Market, By Form

• 8.1 Introduction
• 8.2 Dry
• 8.3 Liquid Form

9 Global Bio Stimulants Market, By Application

• 9.1 Introduction
• 9.2 Foliar Treatment
• 9.3 Seed Treatment
• 9.4 Soil Treatment
• 9.5 Other Applications

10 Global Bio Stimulants Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Agrinos AS
• 12.2 Atlantica Agricola SA
• 12.3 BASF SE
• 12.4 Biostadt India Limited
• 12.5 Eastman Chemical Company
• 12.6 Ilsa SpA
• 12.7 Isagro SpA
• 12.8 Italpollina SpA
• 12.9 Koppert Biological Systems
• 12.10 Lallemand Inc.
• 12.11 Micromix Plant Health Ltd
• 12.12 Novozymes A/S
• 12.13 Omex Agrifluids Ltd
• 12.14 Tradecorp International
• 12.15 UPL Limited
• 12.16 Valagro SpA